CJ Logistics reported a 12 percent drop in second-quarter operating income to 101.566 billion Korean won, even as sales climbed 11 percent to 3.380 trillion won. Net income attributable to shareholders of the parent company declined 34.1 percent to 34.628 billion won from 52.546 billion won a year earlier. Sequentially, operating income grew 10.3 percent and sales rose 5.1 percent. Shares were trading 1.40 percent lower at 77,600.00 won in South Korea.
CJ Korea ExpressQ2 operating income fell 12% and net income dropped 34.1% despite sales growth.
